Johnson Controls Accelerates Replacing Molinaroli as Chairman and CEO
On Sept. 1, 2017, George Oliver, formerly president and COO of Johnson Controls, assumed the role of chairman and CEO. This action accelerates the move of Oliver to his new position six months earlier than previously announced. The acceleration was unanimously approved by the company’s board of directors. Molinaroli left the company and the board effective Sept. 1, 2017.
In addition, the company announced that Jürgen Tinggren, chair of the audit committee and a member of the executive committee, has been appointed lead independent director of the Johnson Controls board of directors, effectively immediately. Separately, the company announced that Jeffrey A. Joerres has stepped down from the board of directors.